Gas prices in my area are $.25 lower since the bp oil spill. Typically prices spike in the summer and with millions of gallons floating around the ocean I would have anticipated with the loss of supply the prices would go up.
Maybe dropping gas prices is a way for the oil barons to keep the public out of the streets?
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Gas prices are up here.
Drats, you guys finally figured out how gas prices are really set. Instead of having a market like the NYMEX set it and then have the price adjusted by state/region for blending requirements, cost of doing business, and taxes, here's what really happens:
Every Thursday at 11 PM at Night, all of us oil barons head over to the UN general assembly floor. We put on our red popey-hats and figure out how we can mess with consumers as much as possible. Here's an example of how things went down a few weeks ago when we decided to lower oil prices:
//sarcasm
BOOOOM. Roasted.
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